Keysight Technologies, Inc. (NYSE:KEYS) is Highlander Partners L.P.'s 7th Largest Position

Highlander Partners L.P. raised its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 26.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,200 shares of the scientific and technical instruments company's stock after buying an additional 8,700 shares during the quarter. Keysight Technologies comprises about 5.2% of Highlander Partners L.P.'s holdings, making the stock its 7th largest position. Highlander Partners L.P.'s holdings in Keysight Technologies were worth $6,555,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KEYS. Jennison Associates LLC purchased a new position in Keysight Technologies during the fourth quarter worth about $395,789,000. Van ECK Associates Corp lifted its stake in Keysight Technologies by 105.5% during the fourth quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company's stock worth $379,134,000 after purchasing an additional 1,223,694 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in Keysight Technologies by 14,134.3% during the third quarter. EP Wealth Advisors LLC now owns 314,720 shares of the scientific and technical instruments company's stock worth $41,641,000 after purchasing an additional 312,509 shares during the last quarter. Findlay Park Partners LLP lifted its stake in Keysight Technologies by 35.8% during the third quarter. Findlay Park Partners LLP now owns 1,127,071 shares of the scientific and technical instruments company's stock worth $149,123,000 after purchasing an additional 297,147 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Keysight Technologies by 16.6% during the third quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company's stock worth $229,203,000 after purchasing an additional 247,250 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 0.3 %

Shares of KEYS stock traded down $0.50 during midday trading on Tuesday, reaching $150.10. 719,808 shares of the stock were exchanged, compared to its average volume of 1,197,588. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The firm has a market cap of $26.20 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 6.76 and a beta of 1.06. The company's 50 day moving average is $152.56 and its two-hundred day moving average is $147.70. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $172.72.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The firm's quarterly revenue was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 EPS. On average, equities research analysts predict that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Insider Buying and Selling

In related news, SVP Kailash Narayanan sold 4,300 shares of the company's stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the sale, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on KEYS shares. Citigroup lifted their price target on Keysight Technologies from $157.00 to $168.00 and gave the stock a "buy" rating in a research note on Wednesday, February 21st. Barclays lifted their price target on Keysight Technologies from $134.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. lowered Keysight Technologies from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $160.63.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.